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Page 1
 Impact
 Beyond
     Returns
Company Presentation
Publix Expose 2025


PT Barito Pacific Tbk
Nov 2025
Page 2
                                                                                                                                   PAGE 1




Disclaimer

 This presentation has been prepared by the management of PT Barito Pacific Tbk. (“Barito Pacific” or the “Company”) for
 information purposes and contains general background information about Barito Pacific group including forward-looking
 statements on its business, financial condition and results of operations as at the date of this presentation, and has not been
 independently verified. No representation or warranty, expressed or implied, is made and no reliance should be placed on the
 accuracy or completeness of the information presented or contained in this presentation.

 Information in this presentation including forecast financial information, should not be considered as advice or
 recommendation in relation to holding, buying or selling securities or other financial instruments. Before acting on any
 information, readers should consider the appropriateness of the information and should seek independent financial advice.

 This presentation may contain forward-looking statements including statements regarding our belief, intent and/or current
 expectations with respect to Barito Pacific group businesses and operations. Such forward-looking statements are not
 guarantees of future performance and involve risks and uncertainties, and actual results may differ from those in the forward-
 looking statements as a result of various factors and assumptions. Barito Pacific has no obligation to revise or update such
 forward-looking statements in the future to reflect the actual events or circumstances.

 This presentation is for information purposes only and do not constitute or form part of an offer, solicitation or invitation of any
 offer to buy or subscribe for any securities of the Company, in any jurisdiction, nor should it or any part of it form the basis of,
 or be relied upon in any connection with, any contract, commitment or investment decision whatsoever. Any decision to
 purchase or subscribe for any securities of the Company should be made after seeking appropriate professional advice.
Page 3
                                                                                        PAGE 2




Key Discussions



                            01                02             03            04           05




                  Barito Pacific:   Business         Financial    Growth         ESG:
                  Group             Overview:        Update:      Initiatives:   Purposeful
                  Overview          Chemical &       9M25         Investing in   Growth
                                    Infrastructure                Tomorrow’s
                                    and Energy                    growth
Page 4
 01




Barito Pacific
Group Overview
Leading Petrochemical and Energy with Integrated and Diversified Portfolio
Page 5
01       Group Overview                                                                                                                                                                    PAGE 4



         Over 40 years of Contribution to National Development
          Transforming into an integrated chemical solution and leading energy player

                  Key Milestone I:                               Key Milestone II:                              Key Milestone III: Unlocking diversified growth engines to power next wave
                  Petrochemical Integration                      Diversification to Energy                      of transformation


     • Barito Pacific                                                                                                                                                       • Completed acquisition of
       established                                                                                                    • BREN IPO
                                           • Chandra Asri and                                                                                                                 SECP – change to Aster
                                             Tri Polyta merger                    • Chandra Asri                      • Acquisition of wind                                   Chemical Park
          1979                                                                                                          portfolio
                                           • SCG Chemicals                          successfully completes                                                                  • Subsequent Acquisition of
                                             Co. Ltd acquired                       Rights Issue, Thai Oil            • Acquisition of power plant                            PE High density plant from
     • Barito Pacific                        30.0% stakes on                        as strategic partner                under Chandra Daya                                    Chevron in Bukom
       go public                             Chandra Asri                           on CAP2 project (15%)               Investasi
                                                                                                                                                                            • CDI IPO
          1993                                   2011                                        2021                               2023                                                   2025




                               2007                                   2018                                    2022
                                                                                                                                                        2024
                        • Acquired 70,0%                    • Barito Pacific acquired               • Establishment of Barito
                                                                                                                                              • Chandra Asri Changed
                          PT Chandra Asri                     Star Energy                             Renewables (BREN)
                                                                                                                                                its name to Chandra
                          and subsidiary, PT                • Signed conditional PPA                • Green Consolidation                       Asri Pacific with two key
                          Styrindo Mono                       with PLN for Jawa 9 &                   through acquisition of                    pillars, chemical &
                          Indonesia                           10 (2 x 1,000MW)                        additional stakes on                      Infrastructure
                                                                                                      WW, Salak, and Darajat
                                                                                                                                              • Solidifying position in
                               2008
                                                                                                                                                infra thru Chandra
                        • Acquired 77,93%                                                                                                       Daya Investasi (CDI)
                          PT Tri Polyta
                          Indonesia Tbk
Page 6
01   Group Overview                                                                                                                                                                                                                         PAGE 5




     Group Structure

                                                   Listed on the IDX since 1993, Barito Pacific has a                                  Barito Pacific’s largest shareholder is Prajogo Pangestu                              Rating Pefindo:
                                                   market capitalization of c.US$13.4b as of Sep 2025                                  with a 71.36% stake as of Sep 2025                                                    idA+ (Stable)




         Chemical & Infrastructure                                                                                       Energy                                                                                      Property

                         38.55% (1)                                                             64.7%                                                          34%                                                       100%




           Mkt. Cap of c.US38bn as at Sep, 2025                                  Mkt. Cap of c.US57bn as of Sep,2025                   •     2,000 MW ultra supercritical                        •    Office complex (Wisma Barito Pacific 1 and 2)
                                                                                                                                             coal-fired power project                                 in Jakarta
     •   Indonesia’s largest and only integrated
         petrochemical company. Operates a world scale                                                                                 •     Consortium with PLN and KEPCO                       •    Operator of Integrated industrial park: 60 ha
         naphtha cracker.                                                                                                                                                                        •    Mambruk Anyer Resort
     •   Rating Pefindo: idAA- (Stable)
                                                                               100%                              100%
                                                                                                                                                                                                 •    Patimban Industrial estate: 600 ha


         80%               60%             45%
                                                                                                                                                      Barito Wind Energy


                                                                     •   One of the largest operators in Indonesia and in the world.       100%                       51%
                                                                     •   910 MW installed capacity                                                                                         (1)       As at 18 Sep 2025 Direct 34.63% and indirect 3.9%
     Chemical &         Infrastructure         JV                    •   Ratings (M/F):
      Refinery             solution         Michellin                    •    SEG Wayang Windu: Ba3/BB-
                                                                         •    SEG Salak & Darajat: Baa3/BBB-                               Sidrap I     Sukabumi     Sidrap II   Lombok
Page 7
01         Group Overview                                                                                                                                                            PAGE 6




            Barito Pacific Core Portfolio
            Diversified & Integrated Chemical and Energy Player

                      1   Chemical & Infrastructure                                2   Energy                                                 3   Property
                              Integrated Petrochemical complex
                              4.2Mtpa Capacity                                               Geothermal Renewable Energy                               • Office tower in CBD area of




                                                                                                                                Office
                              • Strategic Vital National Object                              with 910.3MW capacity                                       Jakarta
                                                                                             • Baseload power                                          • Designed with Green Concept




                                                                     Renewable
     Chemical




                               Aster Chemicals & Energy (ACE) Pte
                               ltd
                               ▪ Located in P Bukom & Jurong in
                                                                                             Wind Power Farm 78.75MW                                   • Exclusive residential with six




                                                                                                                                Residential
                                   Singapore
                                                                                             capacity                                                    cluster
                               ▪ Refinery 237 kbd crude processing
                                                                                             • The 1st wind farm in Indonesia                          • +/-50ha of a land plot in
                               ▪ Ethelyne cracker: 1.1Mtpa
                                                                                                                                                         Western Jakarta
                                                                                                                                                       • Soft launch in 2024
                                                                                   Renewables capacity       989MW
                                                                                                                                                       • 110ha in Western Jakarta




                                                                                                                                Industrial
                               Energy                                                                                                                  • 600ha JV in Patimban
                               • 120MW CCPP, solar rooftops                                                                                            • Designed as a one-stop solution
                                                                                             2 x 1,000MW USC Coal-Fired
                                                                                                                                                         for industries and business to
                                                                                             Power Plant
                                                                                                                                                         operate seamlessly with a clean
     Infrastructure




                                Water Solution                                               • Ultra Supercritical Coal-Fired
                                                                                                                                                         and green environment
                                                                     Power Plant




                                • 4,045lps                                                     power project developed under
                                                                                               a BOOT scheme
                                                                                             • COD in April 2025                                       • Located in the popular holiday




                                                                                                                                Hospitality
                               Storage
                               • Jetty & Tank service for chemical                                                                                       destination with 2 hour driving
                                 and refined petroleum                                                                                                   distance from Jakarta
                               • 5 jetties: 166,000 DWT                                                                                                • 153 bedrooms at +/- 7ha
                                                                                                                                                         landscape
                               Logistics
                               • 5 vessels under operation
                               • To own 15 vessels in the future
Page 8
02




Business Overview
Page 9
02   Business Overview                                                                                                                      PAGE 8




     Chemical & Infrastructure

                          Vision: “Southeast Asia’s leading energy, chemicals and infrastructure solutions company”

                Energy                               Chemicals                                          Infrastructure

     Bukom Refinery                        Ethylene Cracking Complex          Power                            Water
     Capacity: 237 KBD                     (incl. Cilegon)                    ~500 MW combined cycle power     4,874 litres per second water
     Product capacity: 8.5 MTPA1           Cracker Capacity: 2 MTPA           plant portfolio                  treatment plants
                                           Other Products: 2.5 MTPA           ~20 MWp Solar in Indonesia +     2,800 litres per second river water
                                                                              Singapore                        source
     Condensate Splitter Unit (CSU)                                                                            5.4 Mn m3 reservoir
     Capacity: 70 KBD                                                                                          10 special water
     Product capacity: 2.5 MTPA                                                                                treatment facilities
                                           Downstream Chemical Complex2
     Being Rejuvenated COD 2026            Capacity: 4.7 MTPA

                                                                              Port & Storage                   Logistics
     Fuel Retailer
                                                                              ~ 5 Mn m3 tank storage           11 gas and chemical vessels
     All Esso-branded Fuel Stations        Chlor-Alkali (CA) & Ethylene                                        including 2 under construction
                                                                              16 jetties in total,
     across Singapore                      Dichloride (EDC) Unit
                                                                              13 wharves and 1 single-buoy     15 subsea pipelines with 7
     Target Completion end 2025            Capacity: 0.9 MTPA                                                  pipelines to external terminals
                                                                              mooring
     subject to regulatory approval
                                           Under Construction COD 2027                                         ~200 trucks portfolio

                                      Mission: Creating value and fostering partnerships for a sustainable future
Page 10
02    Business Overview                                                                                                                          PAGE 9


       Chemical - Indonesia Operation
                                                                                                                            9         10
                                                                                                                                           11
                                                                                                                                                   12


                                                                                                                                                        13

                                                                                                                                                         14
                                                                                                                    MERAK
                                                                                                                                45 km
                                                                                                                                Coverage Area of
                                                                                                                                Our Ethylene pipeline

          1. Chandra Asri PP Plant             • Adjacent and interlinked with customers' facilities
          2. Chandra Asri OPE Plant
                                               • Located 123 km northwest of Jakarta
          3. Nippon Shokubai Indonesia
          4. Asahimas Chemical                 • Considered among Indonesia’s Vital Assets
          5. Pelindo II Port
          6. Krakatau Bandar Samudera Port                                                                      8
          7. Cabot Indonesia                             Pipeline                                              17   7
          8. Lotte Chemical Titan                                                                         16
          9. Indonesia Power (PLTU Suralaya)             Public Road
          10. Sulfindo Adiusaha                          Toll Road                                    6
          11. SMI Plant                                                                       5
                                                         Jetty
          12. Redeco Petrolin Utama
          13. Gajah Tunggal                                                                  4
          14. Polychem Indonesia
                                                                                 1
          15. Arbe Styrindo
          16. Krakatau Chandra Energi                                                   2         3
          17. CA-EDC (Coming Soon)
                                                                               ANYER
 YOUR GROWTH PARTNER
Page 11
02       Business Overview                                                                                                                                P A G E 10



 Chemical - ACE Singapore
     Plant Overview

 Pulau Bukom                                                          Aster Jurong
                                      237 kbd                         Island (AJI)                                                             Downstream Chemical
                   Refinery
                                      Crude processing capacity                                    Downstream Chemical
                                                                                                   Product
                                                                                                                                                       400 KTA
                                                                                                                                                       HDPE Plant
                  Ethylene                                                                   SMPO: SM, PO, MPG,
                                       1,1 Mtpa                                              Polyols, Differentiated Polyols                     Condensate Splitter Unit
                  Cracker/ECC
                                       Production capacity Ethylene                                                                                   70kbd
                                                                                             MEG: MEG, HPEO,
                                                                                             Ethoxylates                                              Rejuvenation -
                                                                                                                                                      Enhances refining
                                                                                                                                                      capacity to > 300 kbd


     Infrastructure Overview

         Energy    174 MW                                                                                     10 special water treatment facilities inc. effluent
     A                                                                         D     Water
                   Of electricity generation through cogen and turbines                                       treatment, waste water treatment, biotreaters and reverse
                                                                                                              osmosis (RO) waste water recycle


     B   Land       60 ha of freehold land, debt free                          E     Jetties
                                                                                                              13 Wharves and 1 SBM

     C Tankage                                                                 F     Pipa
                   192 tanks with total capacity of ~3.2 cbm                                                20 subsea pipelines with 7 piepliens to external
                                                                                                            terminals
Page 12
02     Business Overview                                                                                                                  P A G E 11



      Infrastructure
     CDI manages infrastructure-related business with an ample room to achieve a full value of each
     business driven by the superior demand growth in the region

     Energy                             Water                               Port & Storage                       Logistics




      • Electricity generation,          • Clean and special water           • Jetty and tank service for         • Covering maritime and land
        electricity distribution, and      treatment with more than 40         chemical and refined                 logistics, including specialized
        renewable energy development       years of operation                  petroleum products                   vessels, trucking, and warehouse
      • Provides electricity             • The only integrated facilities    • Serving reputable multinational      management
        transmission and distribution      from water upstream to              clients                            • Serving both the group and
        networks within the company’s      downstream in Indonesia           • 2 jetties, storage & tanks           external for Southeast Asia market
        Electricity Business Area        • 4,874 litres per second (lps)       combined capacity of 130,000         and beyond
        covering 2,666 ha in Cilegon,      water treatment facilities          m³                                 • 9 vessels, 175 trucks, up to 700
        Banten                                                                                                      pallet positions cold storage
      • 120 MW and 45% stake in                                                                                     facility
        200 MW power plant, 6.3
        MWp solar power




                                                                                                                                                         11
Page 13
02   Business Overview                                                                                                                                                           P A G E 12



     Portfolio of Renewable Energy
     Leading domestic renewable energy producers

              BREN Currently operates 910.3MW geothermal power                                                                     Scalable Capacity of wind power
              Souh Sekincau                       Wayang Windu Unit 3                     Gunung Hamiding              Sulawesi
     Status               Exploration                                            Status                  Exploration
                                         Status                 Development
     Potential capacity   495-875MW      Estimated capacity             30MW     Potential capacity         270-550




                                                                                                                                                                     Sidrap 1
                                                                                              Salak U7                                                Type                              Wind
                                                                               Status                    Development
                                                                                                                                                      Installed Capacity               79 MW
                                                                               Estimated Capacity             40MW

                                                                                                                                                                      Sidrap 2
        Development
                                                                                                                                                      Type                             Wind
        Exploration
                                                                                                                                                      Potential capacity              69 MW
        Operational
                                                                                                                        Java Island
                                                                                                                                                                            Development
                  Salak                             Wayang Windu                               Darajat                                                                      Operational
     Type                  405.3MW      Installed capacity          230.5MW      Installed capacity       274.5MW


                                                                                                                                  Sukabumi                             Lombok
                                                                                                                        Type                  Wind     Type                            Wind
                                                                                                                        Potential capacity   150 MW    Potential capacity              99 MW
Page 14
02   Business Overview                                                                               P A G E 13


     Power - Java 9 & 10
                           Completed safely without injury, on-time, and on-budget
                           ▪ 2,000 MW (2 x 1,000 MW) ultra supercritical coal-fired power project developed
                             under a BOOT scheme
                           ▪ USC technology (less coal requirement)
                           ▪ Construction start : Oct 2020
                           ▪ COD in 1H25
Page 15
03




Financial Updates:9M25
Page 16
03   Financial Update 9M25                                                                                                                    P A G E 15



     Key Financial Summary
     Revenue (US$ million)                           EBITDA (US$m) & EBITDA Margin                    Net Profit after Tax (US$m)

                                US$5,564m
                    +232%            457                    25,4%                39,0%

                                    5.102
                                                                              US$2,168m
                                                                                                                                       US$1,819m
                                                                    +409%                                          +30x
                                                                                  1.780



         US$1,677m
              441                                        US$426m
              1.232
                                                             377                   399                        US$61m

             9M24                   9M25                    9M24                  9M25                         9M24                       9M25
         Others       Energy    Petrochemicals            Energy            Petrochemical
                                                                                                                       Net profit after tax
                                                          Others            EBITDA margin BRPT



     1    Significant revenue uplift from Aster consolidation; Earnings increase driven by acquisition-related bargain purchase accounting


     2    Higher geothermal output and expanded margins amid seasonal wind softness


     3    Stronger capital enhanced financial position for flexibility and resilience to support expansions
Page 17
03   Financial Update 9M25                                                               P A G E 16




     Robust Capital to support further expansions
     Total Asset (US$ million)               Total Liabilities (US$ million)
                                    16,012

                             +52%                                                9.637
                                                                   +52%
                    10.533
                                                          6.345




                    2024            9M25                  2024                   9M25

     Total Equity (US$ million)              Cash and cash equivalents (US$ million)
                                     6.374
                             +53%                                              2.968


                    4.188
                                                                  +85%
                                                         1.607




                                                         2024                  9M25
                    2024             9M25
Page 18
03   Financial Update 9M25                                                                      P A G E 17




     Maintaining Financial Strength Through Expansion
     Net Debt to Equity (x)             Fixed vs. Floating (%)


              0,72x
                                                     31%
                                0,54x                                               52%


                                                     70%
                                                                                    48%


              2024             9M25                  2024                           9M25
                                                                Fixed   Floating


     Debt to Capital (%)                Debt composition

                                                   Bonds USD;                  Bank loan
                52,50%                               21,9%                    IDR; 13,2%
                              50,26%



                                              Bonds IDR;
                                                13,4%

                                                                                    Bank loan
                                                    Bank loan                      USD; 51,0%
                                                    RMB; 0,5%


                 2024         9M25
Page 19
04




Growth Initiatives
Investing for Tomorrow’s Growth
Page 20
04     Growth Initiatives                                                                                    P A G E 19


 Shaping Our Future, One Transformation at a time
       Ongoing Initiatives

     1 Driving CA-EDC Development Forward              33% construction progress & Scheduled COD in 2026


     2 Continuous Regional Expansion                   Singapore retail entry: Signed SPA to acquire all Esso-
                                                       branded retail fuel


     3 Clear Renewable Capacity addition roadmap       To operate > 1GW total renewable capacity by 2025



     4 Fostering resilience thru infra expansion       Continuing Infrastructure pillar strong momentum beyond IPO



     5 Powering growth through strategic partnership   Ongoing collaborations to accelerate market reach and capability
Page 21
04   Growth Initiatives                                                                                                   P A G E 20



     1   CA-EDC Project: Strengthening Indonesia’s Integrated Chemical Value Chain


                                        33% Construction
                                            progress
                                                                               Creates 3,250
                                                                               New Jobs
                                                                                                         ~IDR 10 Trillion/year
                                                                                                         Economic Impact
                                                                                                         Driven by Import Reduction and
                                                                                                         Export Growth



                                       Chandra Asri Group’s Chlor Alkali and Ethylene Dichloride (CA-EDC) Plant in Cilegon has
                                       reached 33% construction progress, reflecting steady advancement toward operational
                                       readiness.


                                       The project strengthens the Group’s integrated chemical portfolio, supporting key
                                       downstream industries and reducing import reliance. Once completed, it will enhance
                                       supply security for domestic manufacturing and contribute to Indonesia’s long-term
                                       industrial growth and competitiveness.

                                                                                        Soap & detergent, alumina, nickel (HPAL
                                         Caustic Soda Plant         100%                process)
                                             400 KTA                Domestic
                                                                                        Alumina and water treatment industry



                                             EDC Plant              100%                VCM-PVC plant (end use application
                                                                    Export              incl. construction & packaging
                                              500 KTA
                                                                                        industry)
Page 22
04        Growth Initiatives                                                                                                                                                                                                                                                                                                                                      P A G E 21



      1                     Chandra Asri becomes Southeast-Asia’s fifth largest chemical solutions company by capacity
     Total production volume from Chandra Asri assets, ‘000 ton
       ​Total production volume from Chandra Asri assets, ‘000 ton

                                                                                                                                                                                ​CAGR +123%
                                                                                                                                                                                                                  900         20,984


                                                                                                                                                                                                                                                                                                                          CAGR +123%
                                                                                                                                                                                                   2,511
                                                                                                                                                                                                                CA: ∆400 KT
                                                                                                                                                                           8,501          400                  EDC: ∆500 KT

                                                                                                                                                                                       HDPE:        Refinery
                                                                                                     PE: ∆400 KT                                           Chemicals:                              products:
                                                                                                                                                                                      ∆400 KT
                                                                                                     PP: ∆110 KT                                         C2: Δ1100 KT                              Δ2511 KT
                       C2: Δ80 KT                                                                    C2: ∆40 KT                                          SM: Δ1040 KT
                       C3: Δ50 KT                                 C2: Δ260 KT                        C3: ∆20 KT                                           BD: Δ155 KT
                                                                                                                                                        Others: Δ2145 KT




                                                                                                                                                                                                                                                                                                                                                                        20.984
                                                                                                   Pygas: ∆18 KT     MTBE: ∆128 KT




                                                                                                                                                                                                                                                                                                                                                            900
                     Pygas: Δ60 KT                                C3: Δ150 KT
                       C4: Δ40 KT     PE: Δ16 KT                 Pygas: Δ120 KT                   Mixed C4: ∆15 KT    B1: ∆43 KT
                      SM Δ:340 KT     PP: Δ480 KT    BD: Δ100 KT   C4: Δ95 KT                                                                               4,440
                                                                                                  ​CAGR +6%                                                              Refinery:
                                      ​CAGR +7%


                                                                                                                                                                                                                                                                                                                                             2.511
                                                                                                                                                                          Bitumen
                                                                                                                                                                         Δ1430 KT
                                                                                                         603         171         4,232        4,232
                                                                625        3,301           157                                                                             Gasoil:

                       570            496           100                                                                                                                  Δ2969 KT
         1,510                                                                                                                                                       Gasoline: Δ1639 KT
                                                                                                                                                                      Fuel: Δ1727 KT
                                                                                                                                                                      Others Δ735 KT

         ​2005        ​2007           ​2011         ​2013      ​2016        ​2016        ​2018           ​2019       ​2020       ​2020         ​2024        ​2025          ​2025      ​2025        ​2025        ​2026F        ​2026F


                                                                                                                                                                                                                                                                                                                                                          CA: ∆400 KT
                     Cracker      Merger with




                                                                                                                                                                                                                                                                                                                                    400
                                                                                          SSBR5      New PE&PP6
                    Expansion       TPI2 &
                                                BD4 Plant      Cracker                  operation.    expansion.   MTBE7 and                                                           CPSC9        CSU8       CA-EDC10




                                                                                                                                                                                                                                                                                                                     8.501
                         &         Increase                                                                                                                     Aster acquisition
                                                Operation     Expansion                    BD          Furnace      Butene-1                                                         Acquisition   Restart     Expansion
                    Acquisition       PE3
                                                                                        expansion      revamp
                      of SMI1      Capacity



                                       2005 – 2016                                                        2016 – 2020                                                               2024 – 2026                                                                                                                                                          EDC: ∆500 KT
       1. Styrene Monomer Indonesia        3. Polyethylene       5. Synthetic Styrene Butadiene Rubber      7. Methyl tetr-butyl ether     9. Chevron Phillips Singapore Chemical
       2. Tri Polyta Indonesia             4. Butadiene          6. Polyethylene and Polypropylene          8. Condensate Splitter Unite   10. Chlor-Alkali & Ethylene Dichloride




                                                                                                                                                                                                                                                                                                                                 HDPE:        Refinery
                                                                                                                                                                                                                                                 PE: ∆400 KT                                         Chemicals:                              products:
                                                                                                                                                                                                                                                                                                                                ∆400 KT
                                                                                                                                                                                                                                                 PP: ∆110 KT                                       C2: Δ1100 KT                              Δ2511 KT
                                           C2: Δ80 KT                                                                                                                                                                                            C2: ∆40 KT                                        SM: Δ1040 KT
                                           C3: Δ50 KT                                                                                    C2: Δ260 KT                                                                                             C3: ∆20 KT                                         BD: Δ155 KT
                                         Pygas: Δ60 KT                                                                                   C3: Δ150 KT                                                                                           Pygas: ∆18 KT MTBE: ∆128 KT                        Others: Δ2145 KT
                                           C4: Δ40 KT  PE: Δ16 KT                                                                       Pygas: Δ120 KT                                                                                        Mixed C4: ∆15 KT B1: ∆43 KT
                                          SM Δ:340 KT PP: Δ480 KT                                                            BD: Δ100 KT C4: Δ95 KT                                                                                                                                                   4.440
                                                                                                                                                                                                                                             CAGR +6%                                                              Refinery:
                                                                                      CAGR +7%                                                                                                                                                                                                                      Bitumen
                                                                                                                                                                                                                                                                                                                   Δ1430 KT
                                                                                                                                                                                                                                                  603         171          4.232        4.232
                                                                                                                                                                 625                               3.301                               157                                                                           Gasoil:

                                                570                                  496                                  100                                                                                                                                                                                      Δ2969 KT
       1.510                                                                                                                                                                                                                                                                                                   Gasoline: Δ1639 KT
                                                                                                                                                                                                                                                                                                                Fuel: Δ1727 KT
                                                                                                                                                                                                                                                                                                                Others Δ735 KT

       2005                                   2007                                 2011                                2013                                   2016                                 2016                                2018      2019        2020          2020          2024         2025           2025       2025         2025         2026F 2026F
                                          Cracker    Merger with
                                                                                                                                                                                                                                    SSBR5       New PE&PP6
                                         Expansion     TPI2 &
                                                                                                                      BD4 Plant                             Cracker                                                               operation.     expansion. MTBE7 and                                                            CPSC9        CSU8       CA-EDC10
                                              &       Increase                                                                                                                                                                                                                                            Aster acquisition
                                                                                                                      Operation                            Expansion                                                                 BD           Furnace    Butene-1                                                          Acquisition   Restart     Expansion
                                         Acquisition     PE3
                                                                                                                                                                                                                                  expansion       revamp
                                           of SMI1    Capacity



                                                                                         2005 – 2016                                                                                                                                               2016 – 2020                                                                2024 – 2026
     1. Styrene Monomer Indonesia                                                                        3. Polyethylene                                            5. Synthetic Styrene Butadiene Rubber                                             7. Methyl tetr-butyl ether     9. Chevron Phillips Singapore Chemical
     2. Tri Polyta Indonesia                                                                             4. Butadiene                                               6. Polyethylene and Polypropylene                                                 8. Condensate Splitter Unite   10. Chlor-Alkali & Ethylene Dichloride
Page 23
04     Growth Initiatives                                                                                                                    P A G E 22



      2    Acquisition of ExxonMobil’s Singapore Retail Sites                                          Target Completion in 2025 subject to regulatory
                                                                                                       approval
     #1 Fuel Retailer in Singapore by Sites and Volumes
                                               Fuel Products
                                               Main Fuel business powered by Synergy Fuel
                                               Technology, a brand of technology formulated by         Key Statistics
                                               ExxonMobil as their flagship

                                                                                                                #1 By sites ~32% market share
      Convenience                                                               Future Potential
      Stores                                                                    Charging station                        By fuel volumes ~33% market
      Strong existing                                                           In the future,                  #1 shares
      offering from in-                                                         selected sites are
      store sales,                                                              positioned to host
                                                                                                                        retail sites, including almost
                                                                                                             ~60
      partnering with a                                                         EV charging
      leading convenience                                                       infrastructure,                         half on freehold land
      store brand in                                                            positioning the
      Singapore to                                                              network to support
      enhance customer                                                          Singapore’s low-
      experience and
      drive non-fuel
                                                                                carbon mobility
                                                                                transition and
                                                                                                            2.4+ Mmbl annual fuel throughput
      revenue growth                                                            capture emerging
      across the network.                                                       opportunities in the

                                                                                                          350K+ Loyalty program members
                                                                                electric vehicle
                                                                                ecosystem.

                                      Fuel Ancillary

                                  Delivery                                              Loyalty
                 Car Wash                                   ATMs
                                  Lockers                                              Schemes
Page 24
04     Growth Initiatives                                                                                                         P A G E 23



      3     Clear Renewable Capacity addition roadmap
            Aiming > 1GW milestone by 2025 through capacity addition on existing operating assets, before reaching 1.94GW
            milestone by 2030

      Geothermal Development Plan (in MW)                                           Windfarm Development Plan (in MW)

          Geothermal capacity addition under base case scenario                          Windfarm capacity addition


          Geothermal capacity addition under upside case scenario
                                                                            2,430
                                                                                                                                    398
                                                                    525                                                 99


                                                                            1,905
                                                          900

                                                                                                           220

                                           77
                            18
             910



                                                                                           79




     Current Capacity    2025             2026        2027-2032     TOTAL           Current Capacity      2028        2029-2032       TOTAL
Page 25
04       Growth Initiatives                                                                                                                           P A G E 24



     4     Fostering resilience thru infra expansion
           Advance Chandra Asri Group’s infrastructure agenda: expanding logistics and renewable capacity while strengthening
           integration across infrastructure assets
     Recent achievement                                                        Expansions Plan

         Constructing 2 Additional             20 New Trucks Strengthen        Expanding capacity and capabilities to serve a broader customer base
     A Vessels for Regional Growth         B   Logistics Fleet

                                                                               USD 53.7 Mn to develop tank farm, ethylene pipeline, and infrastructure
                                                                               to enhance CCP port integration


                                                                                                                 Tank Farm
                                                                                  2026 - 2027
                                                                                                                 Ethylene
                                                                                                                 Pipeline


                                                                                 Maritime Logistics               USD 91.2 Mn to acquire additional vessels to
     C   Increased Ownership in            D   Driving the Energy Transition
                                                                                                                  strengthen logistics capabilities
         Maritime Logistics Subsidiaries       with total 11 MWp of Solar
         CSI and MIM                           Power                                 Completed           Next step




                                                                                      7                              9                         15
Page 26
04     Growth Initiatives                                                                                                                                                                                        P A G E 25



       5       Powering growth through strategic partnership
                Aiming > 1GW milestone by 2025 through capacity addition on existing operating assets, before reaching 1.94GW
                milestone by 2030

     Key Partners in Chemical & Infrastructure
                                                                                                                                                                                   Sembcorp Partnership

                                                                                                                                                                         •   Signed over US$500m in strategic agreements to
                                                                                                                                                                             advance energy & utilities projects across
       2011                     2013                      2021                    2023                    2023                    2024                  2024
                                                                                                                                                                             Southeast Asia
  Acquired 30%            JV Partner in the       Strategic Partner         Partner in the          JV Partner in           JV Partner in          JV Partner in         •   Regional Gas Procurement
  stake in CAP in         Synthetic Rubber        for the                   energy & water          Energy Business         infrastructure         acquiring Refinery,   •   Joint infrastructure investment
  2011.                   business                development of            infrastructure          (KPE) – Electricity     business via CDI       Ethylene Cracker &    •   Establishing industrial park in Indonesia
                                                  CAP 2                     business                Provider                                       Downstream
  Currently owns          (45% held by CAP                                                                                  30% ownership on       Chemical Assets of
                                                                                                                                                                         •   16Mwp solar project across Jurong and Bukom
  30.57%.                 and 55% held by         Acquired 15%                                                              CDI                    SECP
                          Michelin)               stakes through
                                                  rights issue
     Key Partners in Energy


                                                                                                                                                     JOC
            2012                              2014-2022                    2016         2024                        2019                           Partner
                                                                                                                                                      s
 Partnered with Star Energy       Partnered on the acquisition        2016: Partnered on the            Partnered with Barito Pacific    JOC partner in WW, Salak,
 on the acquisition of Salak      of Salak and Darajat                acquisition of Salak and          in the development of Java 9     and Darajat
 and Darajat geothermal           geothermal assets from              Darajat geothermal assets         & 10, a 2 x 1,000 MW ultra
 assets from Chevron on 31        Chevron on 31 March 2017            from Chevron on 31 March          supercritical coal-fired
 March 2017.                                                          2017                              power project
                                  Invested until 2022
 Acquired 20.00% stake in                                             2024: Strategic Partners in
 Wayang Windu in 2012(1)                                              Wind Development Co.
Page 27
05


ESG:
Environment, Social and
Governance
Page 28
05    Purposeful Growth                                                                                                                P A G E 27

      On the path of continuous improvement
     Rating Provider         2025                % of
                                               revenue
                                                               •    Chandra Asri received an overall ESG Risk rating Score of 16.3 “Low Risk”
     MSCI ESG LEADERS √      BBB
                                                                    from Sustainalytics & included in the IDX ESG Leaders.
     Sustainalytics (BRPT)   29.3 (Medium        100%          •    Barito Pacific: BBB MSCI ESG Rating
                             Risk)
                                                               •    Star Energy issued 2 green bonds worth US$1,690m
     Sustainalytics (TPIA)   16.4 (Low Risk)     80%
     Sustainalytics          17.3 (Low Risk)      6%
     (Wayang Windu)


                                                                      Four Pillars of Yayasan Bakti Barito :

                                                Education               Environment              Social               Economy
                                               • Teacher training     • Reforestation and       • Health program     • Integrated
                                               • Scholarship            green corridor          • Infrastructure       farming
                                                                        development               development        • Integrated
                                               • Vocational
                                                 education            • Waste                   • Supporting and       coffee
                                                                        management                empowering local     plantation
                                               • Early childhood
                                                 education            • Springs water             communities        • Urban farming
                                                                        revitalization
                                               • Smart Kiosk
Page 29
05             Purposeful Growth                                                                                                                                 P A G E 28

               On the path of continuous improvement
           •     Barito Pacific and Chandra Asri Pacific: Environmental, Social, and Governance (ESG) Report Award from Investor
                 Daily Indonesia.
           •     Chandra Asri Group & Bakti Barito: Construction of a 50 km plastic asphalt road in the Garut Regency area
           •     Barito Pacific: first place ranking in the 2024 Sustainability Action for Future Economy (SAFE) Awards
           •     Barito Pacific: two awards in the categories of Basic Materials and Outstanding Growth in the Fortune Indonesia 100
           •     Chandra Asri Group: Best CSR & ESG Leadership Award, organized by Pinnacle Group International
           •     Star Energy Geothermal, in collaboration with Mount Halimun Salak National Park Authority (BTNGHS), facilitated the
                 release of Javan Eagles into the wild.




           Rise of Key Conservation Species Population
           Testament of the health of the forest ecosystem surrounding Salak power plant




               Javanese hawk-eagle                     Javanese Silvery Gibbon                     Javanese leopard
                   9 → 16                                6 → 14                                    6 → 15
                   (2018)        (2022)               (2018)            (2022)                     (2018)        (2022)

Source(s): 1“Garda Konservasi: Sinergi Perlindungan Kekayaan Hayati Halimun-Salak” (2020); 2“Dokumen Ringkas Kinerja Pengelolaan Lingkungan” (SEGS Ltd., 2022)
Page 30
Q&A
Page 31
                                                              Thank
                                                                 You


                                                                 PT Barito Pacific Tbk
                                                                 Wisma Barito Pacific II, Fl 23 Jl. Letjen. S. Parman Kav. 62-63, Jakarta 11410
Contact Investor Relation / Corporate secretary
Email: Investor.relations@barito.co.id/Corpsec@barito.co.id
Telp: +6221 530 6711                                                  barito-pacific.com          PT Barito Pacific Tbk (Official)      baritopacificID


                                                                      baritopacific.id            PT Barito Pacific Tbk

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linked person Prajogo Pangestu p.6
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linked org Gajah Tunggal p.10
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linked org Fortune Indonesia p.29
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possible — SCG Chemicals p.5
possible org Chandra Asri Pacific p.29
unresolved org Co. Ltd p.5
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unresolved org Tri Polyta Indonesia Tbk p.5 ×2
unresolved org Yayasan Bakti Barito p.28
unresolved org SEGS Ltd. p.29

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